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June 29, 2021

BNY Mellon Wealth Management names head of philanthropic solutions

By Verdict Staff

BNY Mellon Wealth Management has named Crystal Thompkins as new head of philanthropic solutions.

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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

In her new role, Thompkins will lead and coordinate strategy for all of the division’s philanthropic services.

These include individual and family philanthropy, institutional endowments and foundations, planned giving and donor-advised fund services.

She oversees a team of relationship managers and client service staff and will report to BNY Mellon Wealth Management Planning and Fiduciary Services head of advice Ben McGloin.

Thompkins joined BNY Mellon Wealth Management over 15 years ago as part of the Planned Giving group. She also has experience in tax preparation and client relationship management.

Prior to this role, she was the national director of Gift Planning Services.

McGloin said: “Crystal’s contributions to the business are substantial, including spearheading our annual Planned Giving Conferences and annual reports.

“She is an authoritative representative of our philanthropic offering and will be a capable steward in leading our Philanthropic Solutions group through its next chapter.

“Her experience, leadership, and knowledge of the philanthropy market will support our Active Wealth framework whether she is working with non-profit, corporate or individual clients.”

Thompkins serves on the boards for the American Council on Charitable Gift Annuities, the BNY Mellon Charitable Gift Fund and her alma mater Winston-Salem State University Foundation.

In May this year, BNY Mellon Wealth Management appointed Camille Alexander as head of sales for investor solutions.

In August 2020, the company appointed Julie Alcala as senior wealth strategist to work with HNW individuals, family offices, business owners, executives, and foundations.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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